The modern workplace is not static, it is in motion, constantly evolving and expanding to accommodate emerging technology, digitization and globalization. These incessant changes reflect in the way organizations engage and retain talents.
It has become imperative to look closely at workplace trends in a bid to understand the different initiatives that are creating significant disruptions in workplaces all over the world; in the next 12 weeks, we will be considering 12 workplace trends that business leaders, as well as professionals, must be abreast of in order to redefine workplace ethos and create a positive, flexible, and collaborative culture tailored to the needs of the modern worker.
TRAINING AND UPSKILLING
The provision of programmes through which an employee can learn, upskill and advance on the job is what determines whether or not, or how long that employee will stay with the organization. It is important to be cognizant of the fact that training spurs personal development and plays a fundamental role in retaining top talent which is why the first 2020 workplace trend we are looking at is training and upskilling.
The importance of training and upskilling cannot be overemphasized, it is what nurtures top talents and help maintain high-performance teams.
We know what training is, but what exactly is upskilling?
On the micro level, upskilling describes the process by which individuals learn new skills, but in the macro context, it refers to a paradigm shift in the workplace caused by the introduction of technology. As we all know, technology has created new possibilities that can be fully realized only by a trained workforce. This development has necessitated the acquisition of new skills to engage with the technology.
Why is upskilling suddenly taking centre stage?
Digital transformation is largely responsible for this. Technology has transformed business operations by providing tools that make it easy to transact, and at the same time created a skills gap; some technologies have a steep learning curve while others are user-friendly. To thrive in the modern workplace, talents need to acquire technical skills regardless of their discipline or industry.
Beyond a great welfare package, conducive work environment and fat paycheque, one way to retain competent employees is the prioritization of training and upskilling of the workforce.